Senior Finance Business Analyst

we-plus pte. ltd.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

we-plus pte. ltd. is seeking a Senior Business Analyst to join a multi-year program transforming core banking and credit systems. The role focuses on adapting finance assets to meet regulatory reporting objectives while coordinating with Group and local teams.

The candidate will organize workshops, conduct impact analysis, and document requirements across the full lifecycle, from elaboration to production, ensuring data mappings and governance are compliant.

Qualifications

• Bachelor’s Degree in Information Technology or related field.
• At least 10 years as a Business Analyst.
• Hands-on IT implementation experience in credit-risk, regulatory reporting and core banking.
• Banking Wealth Management industry experience.
• End-to-end IT project lifecycle involvement including workshops, testing, and stakeholder management.

Responsibilities

• Organize workshops with stakeholders to assess business needs.
• Align requirements, data mappings and scope with finance teams and vendors.
• Drive application impact analysis after business workshops.
• Document detailed business requirements and functional specs.
• Translate requirements into non-functional specs for developers.
• Lead user acceptance testing and ensure smooth transition to new systems.
• Collaborate with tech teams to ensure integration across data interfaces and applications.
• Maintain the backlog of requirements and transformations.
• Coordinate across teams within the same and other divisions on the program.

Skills

Regulatory reporting

Business analysis

UAT

Stakeholder management

Banking domain

Education

Bachelor's Degree in IT or related field

Tools

IFRS9 understanding

Job description

Role Summary

Our Client is transforming the Core Banking System and Credit system. As part of this transformation program, it would require making necessary adaptations in Finance assets and meeting the Group & Local Regulatory Reporting objectives with the new system. We are looking for a suitable Senior Business Analyst to join the Division for a multi-year project.

Main Responsibilities

• Organize workshops with respective stakeholders and assess business needs.
• Perform study with the Group & Local Finance teams and vendor/consulting team (if required) to align on the requirements, data mappings and functionalities/scope.
• Drive and plan the application impact analysis after Business workshop.
• Ensure the functional mappings/data comply with local and Group expectations.
• Documenting detailed business requirements and functional specifications.
• Translate the requirements into non-functional specifications for technology teams to develop.
• Conducting user acceptance testing (UAT) and ensuring a smooth transition to new systems.
• Identify any bottlenecks and recommend improvements.
• Collaborate with technology teams to ensure seamless integration and development of the application or data interface flows.
• Build and maintain the Backlog of requirements, transformations and adaptations.
• Work with various Stakeholders, to implement the deliverables and to resolve challenges and issues.
• Involvement in full development lifecycle, from Elaboration->Build->Transition->Production.
• Adhere to WMIS Governance and guiding principles.
• Business requirements consolidation and formal validation from sponsor/product owner.
• Prepare migration and testing strategy consolidation and formal validation
• Coordinate with all teams, from same division or other divisions, working on the same program
• Work with the development team, Business analyst, Solution architects, Application SMEs to design the functional solutions.

Qualifications & Experience

• Bachelor's Degree in Information Technology or relevant fields.
• Should have worked as a Business analyst at least for 10 years.
• Hands-on experience in the following areas in IT system implementations: Credit-risk (Limits, Collateral Management, Counterparty Risk); Regulatory Reporting (Knowledge on Basel IV, Site specific local regulatory requirements); Core banking (Knowledge on Loan/Deposit lifecycle).
• Demonstrable experience in a similar role in the Banking Wealth Management industry.
• Experience working throughout the entire IT project life cycle; including analyzing and documenting requirements, workshops, testing and stakeholder management throughout.
• Good knowledge and working capability of product life cycle like loans, deposits, forex, derivatives, limits, Guarantees, securities etc.
• Should have knowledge on Credit life cycle and IFRS9 reporting system implementation lifecycle.
• Should have good knowledge and understanding of the information flow and various business functions in a financial services/bank.
• Ability to prioritize and execute tasks in a high-pressure environment
• Able to conduct the workshops with business teams and challenge the requirements.
• Collaborate with teams and work with groups effectively spread across various regions
• Strong critical thinker with problem solving aptitude.
• Responsible and good organization of work in each project phase.
• Excellent written and oral communication skills.